Tyler Technologies Inc (TYL) Files Form 4 Insider Selling : John S Jr Marr Sells 48,897 Shares

Tyler Technologies Inc (TYL): John S Jr Marr , President and CEO of Tyler Technologies Inc sold 48,897 shares on May 31, 2016. The Insider selling transaction was reported by the company on Jun 2, 2016 to the Securities and Exchange Commission. The shares were sold at $152.88 per share for a total value of $7,443,337.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 1, 2016, John M Yeaman (Chairman of the Board) sold 6,000 shares at $151.18 per share price.On Mar 4, 2016, Luther Jr King (director) sold 902 shares at $123.41 per share price.Also, On Dec 16, 2015, Brian K Miller (Executive VP & CFO) sold 17,984 shares at $174.88 per share price.On Dec 15, 2015, H Lynn Jr Moore (Executive VP & General Counsel) sold 5,000 shares at $174.38 per share price.

Tyler Technologies: On Wednesday, Jun 1, 2016 heightened volatility was witnessed in Tyler Technologies which led to swings in the share price. The shares opened for trading at $152.39 and hit $155.48 on the upside , eventually ending the session at $154.85, with a gain of 1.02% or 1.56 points. The heightened volatility saw the trading volume jump to 3,41,616 shares. The 52-week high of the share price is $184.01 and the company has a market cap of $5,593 M . The 52-week low of the share price is at $118.05.

Tyler Technologies Money Flow Index Chart

Company has been under the radar of several Street Analysts.Tyler Technologies is Reiterated by Maxim Group to Buy while Lowering the Price Target of the company shares to $ 196 from a previous price target of $201 . The Rating was issued on Apr 28, 2016.Tyler Technologies is Initiated by Avondale to Mkt Perform. The Rating was issued on Apr 15, 2016.

Tyler Technologies Inc. (Tyler) is a provider of information management solutions and services for the public sector with a focus on local governments. The Company provides professional information technology (IT) services to its clients. The Company operates through two segments: The Enterprise Software Solutions segment which provides municipal and county governments and schools with software systems and services for information technology and automation needs that includes back-office functions such as financial management courts and justice processes planning regulatory and maintenance and land and vital records management and The Appraisal and Tax Software Solutions and Services segment which provides systems and software that automate the appraisal and assessment of real and personal property as well as property appraisal outsourcing services for local governments and taxing authorities.

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